Royal Gazette

Well, I have to admit I knew that I was likely to get some feedback on my recent article warning readers that not every person vested with power of attorney (POA) is a good choice for the role; howeve…

Dear Dave,
What’s your advice on asking for a raise in a delicate workplace situation? I’ve been with my company almost six years, and I make the same money as one of my co-workers, who has been with …

Desmond Crockwell has joined LiveNet Communications as part of the Bermuda Government student placement programme for the summer.
A LiveNet statement described the 18 year old as dynamic with a pass…

The RG/BSX Index was unchanged today. With no trading among the domestic companies on the Bermuda Stock Exchange, the Index remained at 2,838.67.
For the week, it was 10.75 points (0.37 per cent) high…

FGH Parent, LP has received a Great Place to Work Certification by Great Place To Work, the “global authority on workplace culture and employee experience”. This is the company’s second year to receiv…

SiriusPoint Ltd, the global specialty insurer and reinsurer, has appointed Andrew Pryde as group chief risk officer, effective this September.
Based in Bermuda, Mr Pryde will report to Scott Egan, chi…

David Burt, the Premier and Minister of Finance, told Parliament today that government’s latest credit ratings “highlight the strength of Bermuda’s economy and the confidence that global investors con…

A rating agency has highlighted Bermuda’s potential for a number of economic uncertainties, including from the corporate income tax.
During a somewhat positive outlook on Bermuda’s credit worthiness, …

Three aspiring Bermudian accountants have been awarded major scholarships through PwC Bermuda’s 2025 student support programme.
Kayla-Marie Redcliffe, studying accounting at the University of Miami, …

Six students have joined this year’s cohort of the Conyers Bermuda Summer Law Student Programme.
Over an eight-week period, Taylor Crichlow, Owen Figureido, Ava Gibson, Kaliyah Lee-Tucker, Caitlin Pi…

The Bermuda Economic Development Corporation, in partnership with Global Atlantic Re, has officially opened applications for the third annual Wave of Opportunity pitch competition, offering up to $25,…

The heightened instability in the Middle East, a region critical to global fuel production, has left some local suppliers feeling wary about what could come next.
The geopolitical tension affects oil …

A Bermudian entrepreneur has launched Navigate, an entertainment company specialising in high-tech aerial displays using co-ordinated drones.
“Customisable for any occasion, Navigate offers a bold, mo…

A Bermuda company with offices In Canada and the UK is addressing the rising tide of mental health problems in the workplace.
Muuvment, the Bermudian-headquartered social impact company, has launched …

Bermuda’s total number of investment funds slipped slightly to 780 in Q1 2025, down from 784 in the previous quarter, according to new data from the Bermuda Monetary Authority. That represents a 0.51 …

Everest Group Ltd has appointed Pamela Sinclair as executive vice-president and chief human resources officer, effective July 14. Ms Sinclair will report directly to Jim Williamson, the company’s pres…

Aeolus Capital Management Ltd and Cornell University have launched a research collaboration focused on hurricane track modelling using “what-if” scenarios based on the opposite of how real events occu…

Bacardi Ltd has launched a limited-edition Grey Goose Bermuda city tube, celebrating the island’s culture and iconic beauty.
The custom 750ml gift tube is available at select grocery stores and Burro…

Kacey Smith and his wife, Wannita, share a love for cricket.
He played in high school and in league cricket for Somerset Bridge and she loves to watch – preferring it to football.
Now the pair have …

Despite heightened geopolitical tensions in the Middle East this month, financial markets have shown remarkable resilience. On June 13, Israel launched a major airstrike campaign against Iranian nucle…

Insurers and maritime stakeholders are being urged to step up compliance checks in response to updated US sanctions targeting Iran’s petroleum and construction sectors.
The International Group of Prot…

The Ministry of Home Affairs’ Cost of Living Summit, scheduled for tomorrow, has reached capacity following overwhelming interest.
The event at the Hamilton Princess & Beach Club will be streamed …

Bacardi Ltd has revealed its newly transformed lobby at the company’s global headquarters in Hamilton, celebrating 163 years of craftsmanship, heritage and innovation.
The dramatic redesign, the compa…

Apex Group Ltd, the Bermudian-founded financial services provider, has appointed Jeff Weiner as its new chief operating officer.
Based in the US, Mr Weiner will be responsible for overseeing global op…

Denis O’Brien, the Irish businessman who founded telecommunications company Digicel, is among members of a Caribbean delegation in Europe next week to discuss slavery reparations.
While he remains a s…

Ascot Group has appointed Steven Goldman as its new global head of distribution, a newly created role designed to enhance the company’s service and broker relationships across key markets including Be…

New international anti-money laundering standards aim to make it easier for everyone to participate in the financial services system while at the same tightening oversight for potential bad actors.
Th…

Tech solutions firm Brava has joined forces with Hubbcat, a global provider of push-to-talk, body-worn camera and broadband connectivity equipment for customers including first responders.
Brava said…

Amelia Othman is taking a break this summer from her studies at Brock University in St Catherines, Ontario, for an internship back home with the Association of Bermuda Insurers and Reinsurer.
Ms Othma…

The summer of 2025 is expected to be hotter than average, perhaps the second hottest ever behind 2024.
The National Oceanic and Atmospheric Administration said that oppressive heat begins this month a…

Digicel is using Bermuda as a testing ground for electric and hybrid vehicles, according to the telecommunication firm’s environment, social and governance report for 2025.
The company said it was tes…

The Financial Intelligence Agency is calling on all local regulated firms to take part in a newly launched survey designed to spot emerging red flags in money laundering and terrorist financing. With …

BF&M Ltd has reported a net income of $13.9 million for the year ending December 31, 2024, as the longtime insurer works towards a major transition, merging with Argus to form Allshores Ltd. Thoug…

Carey Olsen has promoted Alexander Collis, a Bermudian lawyer, to its partnership, effective July 1.
Mr Collis, part of Carey Olsen’s Bermuda corporate and finance team, advises on complex corporate, …

The RG/BSX Index remained at 2,827.92 on the Bermuda Stock Exchange in the absence of any trading.
Butterfield Bank was up $1.29 (3.04 per cent) on the New York Stock Exchange to end the day at $43.76…

Deceptive practices in planning applications, many from overseas, have been part of the problem in slowing the flow of approvals for much needed construction work, according to the Institute of Bermud…

Bermuda’s banking sector is seeing a clear drop in loan activity with data showing a steady decline throughout 2024. Total loans fell for three straight quarters before levelling off at zero growth in…

A new player in Bermuda’s life reinsurance sector has opened its doors.
Serenova Re, a reinsurance company backed by Bain Capital and part of the Federal Life Group, has launched its Bermuda office at…

For years, Stuart Lacey has said jobs would not be lost to artificial intelligence itself but to other people with AI training.
Now the founder of the Bermuda Clarity Institute, a company that provid…

Bermudian-associated Skuld, one of the world’s leading protection and indemnity insurers, is warning shipowners and underwriters as tensions around the Strait of Hormuz escalate between Israel and Ira…

More than 20 years ago, I presented at a retirement planning lunch and learn. During the event, I connected with a client for whom I eventually developed a retirement plan. Over the years, our relatio…

Dear Dave,
My wife and I are on Baby Step 7, and we have a household income of $127,000 a year. We have an older dog who has had some very expensive vet bills recently. It has us both wondering how fa…

There was no trading on the Bermuda Stock Exchange today and the RG/BSX Index remained unchanged.
For the week, the index was lower by 1.68 points (0.05 per cent) at 2,827.92 after limited trading inc…

Four Bermudian-based reinsurers have secured spots on AM Best’s latest list of the world’s top 10 reinsurance companies.
RenaissanceRe, Everest Re, Arch Capital and PartnerRe all made the top tier in …

Jason Hayward, Minister of Economy and Labour, led an examination of Bermuda’s regulatory framework under the Digital Asset Business Act, during a Canadian event centred around “shaping public policy,…

After sitting empty for years, the Elbow Beach Hotel will be demolished, its new owners told The Royal Gazette this week.
Ryan Babcock and Stephen King, owners of The Loren Group, announced in April t…

More people died from the heat last year, than from earthquakes, hurricanes and floods combined, reveals a newly released Swiss Re report, making extreme high temperatures one of the world’s most impo…

The RG/BSX Index fell 4.76 points (0.17 per cent) to close at 2,827.92 after the trading of 2,200 shares of Allshores Ltd on the Bermuda Stock Exchange. The company’s share price fell 50 cents (3.0 pe…

More than 300 people attended the third annual Athene Life Career Expo including students, recent graduates and seasoned professionals, event organisers said today.
A press statement said the event of…

Ascot Group Ltd, a global specialist insurer headquartered in Bermuda, has appointed three seasoned executives — Rosalind Brewer, Martin Flanagan and Robert Sewell — to its board of directors, pending…